1st Source's Dividends per Share for the
three
months ended in Dec. 2023 was $0.34.
During the past 12 months, 1st Source's average Dividends Per Share Growth Rate was 3.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 9.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of 1st Source was 16.70% per year. The lowest was 2.90% per year. And the median was 10.00% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
1st Source Dividend Yield % Historical Data
The historical data trend for 1st Source's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of 1st Source's Dividend Yield %
For the Banks - Regional subindustry, 1st Source's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
1st Source's Dividend Yield % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, 1st Source's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where 1st Source's Dividend Yield % falls into.
1st Source Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
1st Source Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.340
2024-02-02
2024-02-05
2024-02-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.340
2023-11-03
2023-11-06
2023-11-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.320
2023-07-31
2023-08-01
2023-08-11
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.320
2023-05-01
2023-05-02
2023-05-12
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
1st Source's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
1.32
/
50.96
=
2.59 %
Current Share Price is $50.96.
1st Source's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.32.
1st Source's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
1.36
/
50.96
=
2.67 %
Current Share Price is $50.96.
1st Source's Dividends per Share for the forward twelve months is calculated as $0.34 * 4 = $1.36.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of 1st Source's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
1st Source Corp along with its subsidiary offers banking services. The bank provides Commercial, Agricultural, and Real Estate Loans which are given to privately owned business clients mainly located within regional market area, Consumer Services that consists of full range of consumer banking products and services, Trust and Wealth Advisory Services which includes wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients, and Specialty Finance Group Services that provide a broad range of comprehensive equipment loan and lease products addressing the financing needs of a broad array of companies.
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